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TCS wins award for Best Supplier -IT Services for year 2015-16
Feb 06,2017

Tata Consultancy Services has been awarded the Best Supplier - IT Services for the year 2015 -16 by Infineon Technologies AG, a world leader in semiconductor solutions. The accolade was made in recognition of outstanding service delivery in supply chain and customer software development.

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Bharti Airtel cross two million home broadband customers mark
Feb 06,2017

Bharti Airtel rolled out Airtel Surprises for its home broadband customers offering them additional data and content benefits within their existing plans. This is a special gesture by the Company to mark the two million home broadband subscriber milestone.

All existing Airtel home broadband customers will get free additional monthly data top-up with their existing broadband at no extra cost.

To avail the offer of Airtel Surprises, customers will have to log on to www.airtel.in/broadbandsurprises and unlock their surprise.

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Mangalam Timber Products announce demise of director
Feb 06,2017

Mangalam Timber Products announced about the sad demise of Prabir Chakravarti, Independent, Non-Executive Director of the Company, on 05 February 2017.

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REC enters into MoUs with Karnatatka Power Corporation & Bangalore Electricity Supply Company
Feb 06,2017

Rural Electrification Corporation announced that the Company has entered into Memorandums of Understanding (MoUs) with Karnataka Power Corporation (KPCL) and Bangalore Electricity Supply Company (BESCOM) for extending financial assistance to the tune of Rs. 39,121 crore for the next five years (i.e. till March, 2022); i.e. financial assistance upto Rs. 27,121 crore to KPCL and upto Rs. 12,000 crore to BESCOM.

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Oil & Natural Gas Corpn appoints directors
Feb 06,2017

Oil & Natural Gas Corpn announced the appointment of Deepak Sethi, Vivek Mallya and Sumit Bose as Additional Directors on the Board of the Company with effect from 31 January 2017.

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Canara Bank announces revision in MCLR rates
Feb 06,2017

Canara Bank announced the revision in tenor based MCLR rates with effect from 07 February 2017 as under -

Overnight - 8.20%
One month - 8.25%
Three month - 8.30%
Six months - 8.40%
One year - 8.45%

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Vippy Spinpro receives resignation of director
Feb 06,2017

Vippy Spinpro has received the resignation letter from Deepa Sudhir Mekal, wherein she has resigned from the Director of the Company w.e.f. 15 February 2017.

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Shirpur Gold Refinery provides update on its overseas subsidiary
Feb 06,2017

Shirpur Gold Refinery announced Rajat Ginodia has stepped down from the post of Executive Director of Precious Metals Mining and Refining , Papua New Guiana, overseas subsidiary of the Company, with effect from 05 February 2017. However, he will continue as Non Executive Director of the above step down subsidiary of the Company.

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Tirupati Tyres announces change in CFO
Feb 06,2017

Tirupati Tyres announced Shamseerhussain Khan has tendered his resignation from the office of director and as Chief Financial Officer of the Company with immediate effect due to preoccupation and Company has appointed Jitendra Ramjeet Yadav, Executive Director of the Company as Chief Financial Officer of the Company in place of Shamseerhussain Khan.

Jitendra Ramjeet Yadav is not related to any other Directors of the Company and does not hold any shares in the Company.

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ICICI Bank allots 96300 equity shares
Feb 06,2017

ICICI Bank has allotted 96,300 equity shares of face value of Rs. 2/- each on 03 February 2017 under the Employees Stock Option Scheme, 2000 (ESOS).

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Meghmani Organics announces cessation of CFO
Feb 06,2017

Meghmani Organics announced that Upen Shah, Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) of the Company has resigned and he will be relieved at the Close of business hours on 09 February 2017.

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NBCC (India) provides update on Rs 96.92 crore project for development of tourist facilities
Feb 06,2017

NBCC (India) secured total work amounting to Rs 1117.34 crore in the month of September 2016 which included the implementation of Integrated Development of Tourist Facilities at Gulmarg - Baramulla - Kupwara - Leh valuing Rs 96.92 crore.

A tripartite MoU for the said project has been signed on 06 February 2017 between Ministry of Tourism, NBCC and State Government of Jammu & Kashmir.

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Bank of Maharashtra revises MCLR rates
Feb 06,2017

Bank of Maharashtra has revised the MCLR rates with effect from 07 February 2017 as under -

Overnight - 8.55%
One month - 8.70%
Three month - 8.70%
Six month - 8.75%
One year - 8.75%

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Board of Poly Medicure declares interim dividend and recommends bonus issue of 1:1
Feb 06,2017

Poly Medicure announced that the Board of Directors of the Company at its meeting held on 06 February 2017, inter alia, has transacted the following:

1. Board of Directors of the Company have declared Interim dividend of Re. 1 per equity share having face value of Rs. 5 each.

2. Board of Directors have recommended Bonus of 1:1 on existing paid up Equity Share Capital of the Company subject to approval of the shareholders.

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Board of Tube Investments of India declares interim dividend and approves setting up greenfield manufacturing plant
Feb 06,2017

Tube Investments of India announced that at the meeting held on 06 February 2017, the Board of Directors of the Company have approved the following:

1. Declaration of Interim Dividend:

Payment of an Interim Dividend at Rs. 1.25/- (Rupee One and paise twenty five only) per equity share of the face value of Rs. 2/- each of the Company for the financial year ending 31 March 2017.

The Interim Dividend will be paid on 24 February 2017.

2. Setting up of a greenfield tube manufacturing plant at Rajpura, Punjab:

The Board of Directors approved the proposal for setting up of a greenfield project for manufacturing Cold Rolled Welded (CDW) tubes at Sandharsi Village of Rajpura Tehsil, Patiala District, Punjab as part of the long-term strategy aimed at capability enhancement and regional balancing, at an estimated capital expenditure of about Rs. 77 crore.

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